Singer Pierre Nartsiss attends the Gold Hundred of Secular Capital party devoted to closing of the annual Millionaire Fair.
Photo: Valery Levitin
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Russia Is Ahead of India in Millionaire Number
The difficulties of global economy haven’t affected the increase in millionaire number. What’s more, millionaires of emerging nations have joined the race.
The developed economies yet lead in number of millionaires. The United States is ahead of others (3.1 million) and it is followed by Japan, Britain and Germany. At the same time, the emerging nations manifest higher rates of growth. China, for instance, has neared Germany in that indicator.
In Russia, the number of millionaires stepped up by 7 percent past year to 131,000. India drags behind with 114,000 millionaires. Kazakhstan and Argentine manifest the highest acceleration as well.
The wealthiest people have more chances to avoid negative aftereffects of the crisis, being able not only to lose but also to step up revenues, the analysts explain.
On the other hand, the number of millionaires directly relates to economy structure of each nation. In developed states, the millionaires usually represent the high-tech business, and the businessmen of extractive industries are growing rich in Russia.
www.kommersant.com
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